World News Tonight (ABC) - 1999-08-04

Channel: malgent

Transcript

Language: English (original, YouTube automatic captions)

[0:04] On World News tonight, this Wednesday,

[0:07] taking back government debt. Trillions

[0:10] of dollars the White House wants to

[0:11] refinance.

[0:13] >> [music]

[0:13] >> A major ruling against the Boy Scouts. A

[0:16] state court says they can't keep

[0:17] homosexuals out. [music]

[0:19] The booming business of nutritional

[0:21] supplements. They promise the world, but

[0:24] are they natural wonders or worthless?

[0:27] And a closer look at the housing crunch.

[0:29] Everyone wants a piece of the American

[0:31] dream, but is there enough to go around?

[0:41] From ABC [music] News world headquarters

[0:43] in New York, this is World News tonight

[0:46] with Peter Jennings. Sitting in tonight,

[0:49] Kevin [music] Newman.

[0:50] >> Good evening. In Washington today,

[0:52] something extraordinary was proposed,

[0:54] that the government start buying back

[0:56] its debt from the public. With budget

[0:59] surpluses, we have been accumulating

[1:00] that debt much more slowly, and you can

[1:02] see it on the national debt clock in New

[1:05] York City. This is how it added up the

[1:07] debt 7 years ago. The numbers

[1:09] accumulating so fast, you couldn't see

[1:11] all of them.

[1:12] And this is how it's adding up today.

[1:15] It's still going up to 5.6 trillion

[1:17] dollars, but look at the difference in

[1:19] speed here. And we're on the verge of

[1:21] watching it go in the other direction.

[1:25] ABC's John Cochran reports on the White

[1:26] House plan to cut its interest payments

[1:28] on the debts and what it'll mean to you.

[1:32] >> The federal government wants to do what

[1:34] millions of American homeowners have

[1:35] done over the past few years, refinance.

[1:38] Anyone who's been locked into a high

[1:40] interest mortgage wants a better deal

[1:42] when interest rates drop. So does Uncle

[1:44] Sam. He wants to get rid of the high

[1:46] interest the government promised to pay

[1:48] on old Treasury bonds.

[1:50] >> These proposals would help us to manage

[1:52] federal finances in a new era of budget

[1:55] surpluses. They would in effect allow us

[1:57] to refinance old debt and pay it down on

[2:00] the best terms possible, saving

[2:03] taxpayers billions of dollars in the

[2:06] process.

[2:07] >> Bonds the government sold almost 20

[2:09] years ago pay 14% interest. Bonds sold

[2:12] today pay only about 6%. So, the

[2:15] government would offer bondholders a

[2:16] premium to sell back their high interest

[2:19] bonds. It would be expensive at first,

[2:21] but save a lot of money in the long run.

[2:23] >> America launches a great fifth war loan

[2:25] offensive for a record 16 billion

[2:28] dollars.

[2:28] >> For years Americans have been urged to

[2:31] buy bonds, not sell them. It was the

[2:33] patriotic thing to do in peace and war.

[2:36] >> America's 130 million citizens are in

[2:39] the war.

[2:41] >> But these days money is pouring into the

[2:43] Treasury so fast there is an annual

[2:45] budget surplus, which means the

[2:47] government no longer has to borrow so

[2:49] much money. Good news to everyone who

[2:51] likes lower interest rates.

[2:53] >> As the federal government reduces its

[2:55] borrowing,

[2:57] that leaves more money to be loaned to

[3:00] individuals and businesses at lower

[3:02] interest rates. Better yet,

[3:05] >> buying back bonds may be unusual, but

[3:07] the Republicans seem to think that the

[3:09] president this time has come up with a

[3:11] pretty good idea.

[3:12] >> And that's really unusual.

[3:14] >> Gavin.

[3:15] >> All right, John. Thanks a lot. John

[3:15] Cockerel at the White House. Tonight one

[3:17] other budget note, President Clinton

[3:18] insisted again today that he will veto

[3:21] the Republican bill to give some of the

[3:22] projected budget surplus back to

[3:24] taxpayers in a 792 billion dollar tax

[3:27] cut because he says the country can't

[3:29] afford that much.

[3:31] Elsewhere on the money, the NASDAQ first

[3:33] tonight it was down 48 points and that

[3:35] puts it 10% below its high last month,

[3:38] which means it has officially suffered a

[3:40] correction. The Dow Jones Industrial

[3:42] Average was also down two and a half

[3:44] points. It closed at 10,675.

[3:47] Two of America's oldest chemical firms

[3:49] are merging. Dow Chemical is buying

[3:51] Union Carbide for 11 billion in stock

[3:53] and debt to create the world's second

[3:56] largest chemical company. DuPont is the

[3:58] first.

[3:59] And the London Times says that Big Ben

[4:01] could be commercially sponsored as it

[4:03] chimes in the year 2000. Corporate

[4:06] sponsors may be invited to pay hundreds

[4:07] of thousands of dollars to be associated

[4:09] with a famous clock on a famous night.

[4:13] A legal setback for the Boy Scouts

[4:15] today. For the first time, a state high

[4:17] court has ruled that the organization's

[4:19] ban on homosexuals is discriminatory and

[4:22] illegal. The ruling is from the New

[4:24] Jersey Supreme Court and it's certain to

[4:26] set off other challenges in other

[4:27] states. Here is ABC's Terry Moran.

[4:30] >> That's what I wanted.

[4:31] >> The ruling against the Boy Scouts of

[4:33] America left gay rights lawyers elated.

[4:35] >> We are really delighted that the court

[4:37] handed down such a strong and clear

[4:38] decision that we think is a win-win.

[4:41] This decision is a victory for gay

[4:44] scouts and gay scout leaders.

[4:46] >> The victor, James Dale, who joined the

[4:49] scouts when he was 8 years old. 12 years

[4:51] later, still an active scout, he was

[4:54] kicked out because he is gay.

[4:56] >> I knew it was wrong. I knew in the

[4:58] bottom of my heart that that was the

[4:59] wrong thing and that's not what they

[5:01] taught me.

[5:02] >> The critical legal question in the case

[5:04] was this: Are the Boy Scouts a public

[5:06] organization subject to all the state's

[5:08] anti-discrimination laws or is it a

[5:11] private association free to decide on

[5:14] its own who can and who cannot be a

[5:16] scout?

[5:17] >> If anybody knows where the balls are.

[5:19] >> The New Jersey Supreme Court unanimously

[5:21] declared that the Boy Scouts own

[5:23] traditions and activities prove they are

[5:26] a public entity.

[5:28] For the Eagle Scout who fought the

[5:29] battle, the lesson of today's ruling is

[5:31] simple.

[5:32] >> This is what the Boy Scouts are about.

[5:33] It's not about bigotry or about

[5:35] discrimination. It's about treating

[5:37] people right and treating people fair.

[5:39] >> The Boy Scouts announced they will

[5:41] appeal the ruling to the US Supreme

[5:43] Court.

[5:44] Terry Moran, ABC News, New York.

[5:47] The drought plaguing the eastern half of

[5:48] the country is getting worse. The latest

[5:51] map from the National Weather Service

[5:52] shows a growing swath of very dry

[5:55] countryside. It's dry, but it's not yet

[5:57] dried up, and strict conservation

[5:59] measures could help stretch the limited

[6:02] supply of water. Today, Maryland imposed

[6:04] tough water use rules statewide. Here's

[6:07] ABC's Aaron Brown.

[6:09] >> Even the rivers look dry. After a month

[6:12] of high heat and virtually no rain,

[6:14] Maryland's rivers are low and its

[6:16] reservoirs are at 50% of capacity.

[6:19] Beginning today, the state's 5 million

[6:21] residents cannot water their lawns, hose

[6:24] down their cars, or fill their pools.

[6:27] >> These mandatory restrictions are

[6:29] effective immediately.

[6:31] They apply statewide to every

[6:33] individual, every business, and every

[6:36] government.

[6:37] >> The situation is less severe in the rest

[6:39] of the east. It's more like a mosaic.

[6:42] We've got some areas where the stream

[6:44] flows are lower than they've ever been,

[6:45] and other areas where they're closer to

[6:47] normal.

[6:47] >> Rockland County, New York is dry and

[6:49] under mandatory restrictions. Brown

[6:52] lawns abound, and the same is true in

[6:54] Bristol, Connecticut, where they'll turn

[6:56] your water off if they catch you

[6:58] watering your lawn. At Newark Airport,

[7:01] where rainfall is 25% below normal for

[7:04] the year, they wanted green grass, but

[7:07] they didn't want to water, so they

[7:08] painted it green. From the air, no one's

[7:11] the wiser.

[7:12] New York City, which uses about a

[7:14] billion and a half gallons of water a

[7:16] day, is in pretty decent shape. The play

[7:18] fields in Central Park are still green,

[7:21] and the city's reservoirs, while below

[7:23] normal, are well above drought levels.

[7:27] >> And the entire region is expected to

[7:28] have a fall at least as wet as normal,

[7:31] maybe slightly wetter. The first step in

[7:34] ending a year-long drought cycle.

[7:37] Aaron Brown, ABC News, New York.

[7:40] >> When we come back, pills and promises.

[7:42] How effective are dietary supplements?

[7:45] And the nation's [music] top speed trap.

[7:48] Are all those tickets for safety or

[7:50] profit?

[7:53] >> [music]

[7:54] >> This is World News Tonight with Peter

[7:56] Jennings, brought to [music] you by

[7:58] Mountain Grown Folgers Coffee.

[8:03] >> I've got those [music] no Folgers in my

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[8:36] >> We thought of them [music] when we gave

[8:37] it a more powerful V8 than any top

[8:39] selling Ford or Dodge pickup.

[8:42] We thought of them when we gave it a

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[9:09] And powers out those dirty sweat stains.

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[9:12] See?

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[9:17] >> The party's in there. So, why am I out

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[9:21] Again.

[9:22] >> Maximum strength Phazyme has [music] 33%

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[9:26] >> One little pill and I'm back. [music]

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[9:34] >> Sam and Margaret are living a

[9:35] comfortable retirement. A retirement

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[9:38] free of financial worry.

[9:40] They live the life they want to live.

[9:42] >> [music]

[9:43] >> Spend the money they want to spend.

[9:46] And it's all because

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[9:48] >> you left your credit card statement in

[9:50] the garbage can and they stole your

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[9:53] So, from Sam and Margaret, thank you.

[9:56] Prevent [music] credit card theft with a

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[10:04] >> We're going to take some time tonight to

[10:05] examine something almost half of us do

[10:07] at least once a day. Pop a vitamin or

[10:10] take a dietary supplement. What no one

[10:12] seems to be able to say with any

[10:14] certainty is whether they're natural

[10:16] wonders or worthless. In Washington

[10:18] today, the Food and Drug Administration

[10:20] held an open meeting to discuss this

[10:21] booming business. It's worth an

[10:23] estimated 12 billion dollars a year now

[10:26] and it is largely unregulated.

[10:29] Just take a stroll into your local store

[10:31] and there's a good chance that something

[10:33] in your basket contains a supplement.

[10:35] Fruit juices containing echinacea. Teas

[10:38] with ginkgo biloba. And at the checkout,

[10:41] a vial of ginseng extract for a little

[10:43] pick-me-up. More supplements promising

[10:45] an ever-increasing improvement in your

[10:47] well-being. And with the market booming,

[10:50] the marketing is growing, too.

[10:52] >> Not just [music] herbs.

[10:53] >> Popular faces, big claims.

[10:56] >> With Quanterra mental sharpness, I feel

[10:58] my best, naturally.

[11:00] >> But for all the hype and all the

[11:02] promises, do they deliver? ABC's Deborah

[11:05] Amos tells us about one of the newest

[11:06] supplements on the market. It is in what

[11:08] it claims and what it can guarantee,

[11:10] like many of the others.

[11:13] >> It's called SAM-e, short for S-adenosyl

[11:16] methionine. A big name with even bigger

[11:19] promises. Promoters say this dietary

[11:22] supplement can ease depression,

[11:24] arthritis pain, and liver damage.

[11:26] >> I think that SAM-e will live up to the

[11:28] hype.

[11:30] >> Consumers think so, too. Even at a

[11:32] dollar a pill, it's already a

[11:34] best-seller on the health food aisle.

[11:36] But some doctors warn SAM-e has not been

[11:40] tested for effectiveness or safety under

[11:42] strict US drug laws.

[11:45] >> I'm concerned because I think it has

[11:48] uh slipped through a loop in a loophole

[11:51] in our regulatory process.

[11:53] >> SAM-e is a prescription drug in Europe.

[11:55] In high doses, it's been used to treat

[11:58] depression there for more than 20 years.

[12:00] >> By bringing SAM-e here as a dietary

[12:03] supplement, the manufacturers could skip

[12:05] all the extensive testing required for

[12:08] prescription drugs. By law, all these

[12:10] products don't have to prove they're

[12:12] safe and don't even have to show they

[12:14] have a proven health benefit.

[12:17] >> But SAM-e already has endorsements from

[12:19] those who use it. New York psychiatrist

[12:21] Richard Brown wrote this book to give

[12:24] consumers guidance.

[12:25] >> SAM-e [snorts] works

[12:27] in my experience as often as the

[12:30] standard prescription antidepressants.

[12:33] It works in half the time.

[12:35] >> How does it work? Scientists are not

[12:37] sure. SAM-e is produced naturally in

[12:40] every human cell, but involved in so

[12:42] many different reactions in the brain

[12:44] and the body, researchers cannot trace

[12:47] the ones required for action in

[12:49] depression.

[12:50] A decade ago, Dr. Bruce Kagen conducted

[12:53] one of the few US drug trials on SAM-e.

[12:55] He found it showed promise in a small

[12:57] group of patients with depression, but

[12:59] without further trials, he's reluctant

[13:02] to advise widespread use.

[13:04] >> I think the most important thing we

[13:05] don't know are potential side effects.

[13:08] >> SAM-e could prove its promise. It also

[13:11] could be worthless or even dangerous for

[13:14] some patients, but no one is pushing for

[13:16] further tests. So for now, consumers are

[13:20] on their own. Deborah Amos, ABC News,

[13:22] New York.

[13:24] >> So why isn't the government more

[13:25] involved in policing this industry? As

[13:27] ABC's Barry Serafin reports now, it's

[13:29] part of a debate over the rights of

[13:31] individuals to take what they want to

[13:33] take.

[13:35] >> There are an estimated 28,000 dietary

[13:38] supplement products sold in stores and

[13:40] on 1,200 internet sites. That market has

[13:43] exploded in large part because of a 1994

[13:46] law. That law makes it hard for the

[13:48] government to police supplements. The

[13:50] Food and Drug Administration cannot

[13:52] require testing to ensure that the

[13:54] products are safe and effective before

[13:56] they are sold. All the government can do

[13:59] is monitor the industry's claims. That

[14:01] worries traditional medical groups.

[14:04] >> You say, "Well, this is to help shrink a

[14:07] cancer of the lung, for example." And

[14:09] the public might interpret that as

[14:10] that's cure.

[14:11] >> The AMA says dietary supplements should

[14:14] be regulated as strictly as drugs.

[14:16] Others agree.

[14:17] >> So, just because products may be

[14:18] natural, doesn't mean they're safe.

[14:21] >> But the industry says there is no need

[14:23] for more regulation, that consumers know

[14:25] what they're doing and what they want.

[14:26] >> They want the choice, and they want the

[14:28] access, and they want the ability to

[14:30] think about health promotion and health

[14:32] maintenance.

[14:33] >> Congress appears to agree. For now,

[14:35] strict new regulations are unlikely.

[14:37] Barry Serafin, ABC News, Washington.

[14:41] >> When we come back, there's no place like

[14:42] home, if you can find one. We'll take a

[14:45] closer look.

[14:48] >> [music]

[14:51] >> Nancy will have to see from near to far

[14:53] almost a thousand times today. Her eyes

[14:56] will focus on 40 [music] labels, 60

[14:58] charts, and 100 smiles. And in all that

[15:01] time, she'll never once think about the

[15:02] science that allows her to focus

[15:04] instantly [music]

[15:05] at all distances.

[15:07] Nancy just knows that her Varilux lenses

[15:09] [music] help her see better. And for

[15:10] her, that's a very comforting thought.

[15:13] Varilux, the comfort [music] of better

[15:15] vision. For more information, call

[15:17] toll-free 1-800-Varilux.

[15:22] >> That meeting is going to start whether I

[15:23] get rid of this headache or not. So, I

[15:25] took Advil liquid gels, stronger and

[15:28] faster than extra strength Tylenol on

[15:29] tough pain. It's the only pain reliever

[15:32] with liquid inside. Advil liquid gels,

[15:34] stronger and faster.

[15:36] >> No, this isn't a jeans commercial. It's

[15:38] about constipation. [music] You're

[15:40] bloated, not yourself. Your size 10s

[15:42] feel like twos.

[15:44] >> Fiber Con has natural fiber action to

[15:45] relieve bloating constipation.

[15:47] >> I'm myself again.

[15:48] >> Fiber Con, be regular, be yourself.

[15:50] [music]

[15:52] >> Do you want to stop by Dave's after the

[15:54] movie?

[15:54] >> Would you put your life on the line to

[15:56] change a flat? Each year, nearly 3,000

[15:59] people die in roadside accidents.

[16:08] >> [music]

[16:09] >> It's better to risk your rim than risk

[16:11] your life. Drive slowly to a safer area.

[16:13] [music]

[16:13] Never attempt repairs on a narrow

[16:15] shoulder.

[16:16] >> I'm okay.

[16:17] >> For more safety [music] tips, get this

[16:18] free book from Shell. Count on Shell.

[16:21] >> Now, an important [music] tool in

[16:23] defending yourself against heart disease

[16:25] and some cancers is in your hands.

[16:28] Because [music] there's new news, the

[16:29] FDA now agrees that eating whole grain

[16:32] foods like Total, Wheaties, and Cheerios

[16:34] [music]

[16:35] as part of a low-fat diet may reduce

[16:37] your risk of heart disease and certain

[16:38] cancers. Most cereals aren't whole

[16:41] grain, but all of these from General

[16:43] Mills [music] are. Look for this seal to

[16:45] be sure and help defend yourself against

[16:48] heart disease and cancer.

[16:56] >> Tonight, we're going to take a closer

[16:57] look at a developing housing crunch.

[16:59] More people than ever are buying their

[17:01] own homes, even though the price keeps

[17:03] going up. The average price of a new

[17:05] home is close to $200,000 now. Of

[17:08] course, it's worse in some places than

[17:10] others. If you happen to live in Palo

[17:11] Alto, California, a four-bedroom home is

[17:13] going to cost you $843,000.

[17:16] In Boston, it's $421,000.

[17:20] Plenty of buyers are willing to pay the

[17:21] price, but as ABC's Betsy Stark tells

[17:24] us, in a growing number of places,

[17:25] finding something to buy is the problem.

[17:32] >> Houses are being built at the fastest

[17:35] pace in nearly 30 years, but in cities

[17:37] and suburbs around the country, not fast

[17:40] enough. From starter homes to luxury

[17:42] homes, houses are in short supply. This

[17:46] home builder in Orange County,

[17:47] California, has 13 houses in the

[17:50] $200,000 range under construction and

[17:52] 250 buyers with approved financing.

[17:56] Hundreds more have come to look.

[17:58] >> We stopped counting heads at 3,800

[18:00] people through through our model

[18:01] complex.

[18:02] >> An hour north in Los Angeles, houses are

[18:05] even harder to find. Call it a sign of

[18:07] the healthy economy.

[18:08] >> In LA, we've added more than 70,000 jobs

[18:11] in the last year, and we've only added

[18:13] 15,000 new housing units, which is just

[18:16] a tremendous imbalance.

[18:18] >> Nationwide, there is an estimated

[18:19] shortage of 700,000 new homes, houses

[18:22] Americans would buy if builders could

[18:25] build them. The shortfall is good news

[18:27] for sellers. Home values are rising in

[18:29] 95% of American zip codes, in the

[18:32] hottest neighborhoods, as much as 4% a

[18:34] month. For buyers, that means fewer

[18:37] affordable houses and more bidding wars.

[18:40] >> We came and saw it in the evening and

[18:43] hour later put an offer in um

[18:46] above asking price.

[18:49] >> This couple, outbid once and determined

[18:51] not to be outbid again, bought their

[18:53] Atlanta home sight unseen, basing their

[18:56] offer on a videotape.

[18:58] >> This is the dining room.

[19:00] >> We trusted our agent, and then we just

[19:02] kind of joked that it was the most

[19:03] expensive video we had ever bought.

[19:05] >> Rising mortgage rates could cool the hot

[19:08] housing market and loosen up supply, but

[19:10] those priced out of owning a home are

[19:12] likely to find a rental market even

[19:15] tighter.

[19:16] Betsy Stark, ABC News, New York.

[19:19] >> Now, when buyers have trouble finding

[19:21] something in a new or a traditionally

[19:22] middle-class neighborhood, they have to

[19:24] look somewhere else, and so on down the

[19:26] ladder. ABC's Deborah Wong reports from

[19:28] San Francisco that a lot of people low

[19:30] on the ladder are finding themselves

[19:32] with no place to go.

[19:35] >> It has always been a gritty

[19:37] working-class neighborhood of many

[19:39] colors and cultures, where recent

[19:41] immigrants could find a cheap place to

[19:43] live. But now the Mission District is

[19:45] taking on a new look.

[19:48] Upscale bars and restaurants are

[19:50] appearing in what was once an industrial

[19:52] wasteland.

[19:53] >> We moved in and a couple of the other

[19:55] businesses started to get developed, and

[19:57] the whole neighborhood started to pick

[19:58] up.

[20:00] >> Broken-down homes are being bought up

[20:02] and lavishly restored,

[20:05] and affluent young professionals are

[20:07] moving in to new condominiums that fetch

[20:09] upwards of $350,000

[20:11] each. And it's not just happening here

[20:13] in San Francisco. The economic boom has

[20:16] brought a flood of young professionals

[20:18] to the cities, and they're transforming

[20:20] working-class neighborhoods into

[20:22] enclaves of new wealth.

[20:24] As fast as new residents are moving in,

[20:26] long-time residents are being forced

[20:28] out, unable to afford the skyrocketing

[20:31] prices. Lola McKay has lived in this

[20:34] rent-controlled apartment for more than

[20:36] 30 years. Now the building is being

[20:38] turned into condominiums, and she is

[20:41] fighting eviction.

[20:42] >> I got no place to go.

[20:45] And I don't have anybody left now.

[20:46] They're all gone.

[20:48] >> Housing lawyers are overwhelmed by the

[20:50] number of tenants now facing eviction.

[20:52] >> It is completely outrageous. It's

[20:54] totally putting money and profit before

[20:57] human rights.

[20:58] >> Stop the eviction!

[20:59] >> Stop the eviction!

[21:01] >> Some in the inner cities are resisting

[21:03] the change. In San Francisco, a group

[21:05] calling itself the Yuppie Eradication

[21:07] Project is calling for the bombing of

[21:09] upscale establishments. Police have

[21:12] accused this man of being behind the

[21:14] movement.

[21:14] >> If this process isn't stopped, San

[21:16] Francisco will become a completely

[21:17] gentrified city, a city where nobody who

[21:19] isn't upper middle class or rich can

[21:21] afford to live. And I intend to

[21:23] contribute to stopping that.

[21:26] >> But the threats are not scaring these

[21:28] new residents away.

[21:29] >> I think it's ridiculous.

[21:32] How can you keep somebody from coming

[21:33] into a neighborhood?

[21:35] You know, last time I checked, still

[21:37] free country, can live anywhere you

[21:38] want.

[21:40] >> And as long as the economy continues to

[21:42] boom, even this refuge of the working

[21:44] class will not be immune from change.

[21:48] Deborah Wong, ABC News, San Francisco.

[21:52] >> In a moment, speed is this town's ticket

[21:54] and the center of a five-year battle.

[22:00] >> Man, that chili was hot.

[22:02] >> You got heartburn, too?

[22:03] >> Yeah. Want to try these new Pepsid AC

[22:05] chewables? [music]

[22:07] >> It says you got to take it with water.

[22:10] >> What's the water for?

[22:11] >> Well, it says [music] you don't need

[22:12] water.

[22:12] >> Just because new Pepsid is chewable

[22:14] doesn't mean it works like Tums. Tums

[22:16] calcium neutralizes acid fast. Pepsid

[22:18] chewables [music] famotidine has to go

[22:20] through your bloodstream, so it takes 40

[22:22] minutes just to start controlling acid.

[22:24] >> You want to go back [music] for water?

[22:26] >> Forget the water, pass the Tums.

[22:28] >> Tums, Tums, Tums.

[22:36] >> [music]

[22:43] [music]

[22:49] [music]

[22:56] [music]

[23:00] >> Smith your bad news folks. Your Taurus

[23:02] got nailed by one of the side rollers.

[23:03] Let's [music] test drive this Buick

[23:05] Century instead.

[23:06] >> spending the day with my mother.

[23:07] >> Grammy? K.

[23:08] >> So, Mom, you like the roomy six-person

[23:10] seating?

[23:10] >> Who are you?

[23:11] >> I'm Lester, uh Margie's son.

[23:13] >> I really like the handling.

[23:14] >> Oh, yeah. Century's got standard

[23:15] traction control ABS brakes.

[23:17] >> Beats our Taurus LX.

[23:18] >> Hey, you want to drive it?

[23:19] >> I'd love to, Lester.

[23:20] >> And now [music] there's never been a

[23:21] better time to zero in on a Buick with

[23:23] 0% APR GMAC financing or 1,500 cash back

[23:27] on Century.

[23:27] >> You look a little pale, Lester.

[23:29] >> No, I'm fine.

[23:31] >> To be the [music] best takes strength,

[23:33] speed, endurance. Now, the best way to

[23:36] cure athlete's foot has it all. New

[23:38] Lamisil AT. Strength. [music] Full

[23:40] prescription strength to stop the

[23:42] itching and burning. Speed. These take 4

[23:44] weeks of treatment to kill the fungus.

[23:46] >> [music]

[23:46] >> Only Lamisil AT cures athlete's foot

[23:48] with just 1 week's use. Endurance. A

[23:51] study showed most [music] users were

[23:53] still athlete's foot free 3 whole months

[23:55] later. Get it all in new Lamisil AT, the

[23:58] best way to cure athlete's foot.

[24:01] >> Fortunately [music] for Millie, Dr.

[24:03] Espinosa was in the office early. While

[24:05] someone else was drafting the marketing

[24:06] [music] plan to sell his home.

[24:08] At 11:00 he was making his rounds

[24:11] instead of visiting his title company.

[24:13] At 1:00 p.m. he was giving Pam good news

[24:15] [music]

[24:16] instead of checking for disclosure

[24:17] documents.

[24:18] And by the time Dr. Espinosa wrote

[24:20] [music] the day's last prescription,

[24:22] someone else was at his home meeting a

[24:24] prospective buyer. You've got a life. We

[24:27] let [music] you live it. We're Realtors.

[24:29] Real estate is our life.

[24:31] >> Nobody [music] does it like you.

[24:34] >> Boy, they love to play horsey. So, your

[24:36] [music] carpet better be deep down

[24:38] clean. And for that, you need Hoover.

[24:40] >> Hey, you want the best, [music] partner?

[24:43] >> Introducing the Hoover SteamVac

[24:45] Widepath. It sends hot water surging

[24:47] through six rotating brushes to [music]

[24:49] stir up and pull out deep down dirt the

[24:52] way no other carpet cleaner can.

[24:54] >> Hoover.

[24:55] >> If you want clean, deep down [music] you

[24:58] weren't Hoover.

[25:01] >> On 20/20 tonight, why is this cemetery

[25:03] filled with children [music] and did

[25:05] they all have to die?

[25:06] >> I can't believe that somebody would let

[25:08] their own child die.

[25:09] >> Chris Wallace [music] goes looking for

[25:10] the answer.

[25:11] >> We're trying to live our religion.

[25:13] >> On 20/20 tonight.

[25:17] >> Quick recap of our top story. The

[25:19] government said today it's going to buy

[25:20] back some of the national debt. It's

[25:22] going to repurchase older bonds that

[25:24] carry high interest rates and sell new

[25:26] bonds with lower rates.

[25:28] It's all possible because the government

[25:29] is running a surplus for the first time

[25:31] in years.

[25:33] And finally tonight to Florida and an

[25:35] argument over speeding tickets. On the

[25:37] one side, the Automobile Association of

[25:39] America. On the other, the town of

[25:42] Waldo, where ABC's Ron Claiborne is.

[25:47] Every day, a steady stream of drivers

[25:49] passes through Waldo, Florida. Every

[25:52] day, on average, 20 of them get a

[25:54] speeding ticket.

[25:56] >> The reason I stopped you, sir, the speed

[25:57] limit through Waldo is 45 miles an hour.

[26:00] >> But the Automobile Association of

[26:02] America says the reason is not so much

[26:04] safety as it is money. It says Waldo,

[26:07] population 1,300, makes more than

[26:09] $300,000

[26:11] a year off speed traps, stretches of

[26:13] road where the speed limit drops

[26:15] suddenly, too suddenly for some

[26:17] motorists to react.

[26:19] >> I didn't realize it had changed to 55.

[26:21] They change it so quickly. 55, 45, 35.

[26:24] >> Aliya Maxut got a $130 speeding ticket.

[26:28] >> it's very unfair and I think it's it

[26:30] really is a trap. It is.

[26:32] >> Even worse, says the auto club, is

[26:34] Waldo's neighbor up the road, the small

[26:36] town of Lawtey, population 600. Each

[26:39] year, Lawtey gets about $400,000,

[26:42] 2/3 of its annual budget, from speeding

[26:45] tickets. Together, the two towns write

[26:47] over 13,000 speeding tickets a a

[26:50] That's more tickets and more revenue

[26:53] than the city of Miami.

[26:55] So, the auto club is now urging

[26:56] motorists to steer clear of Waldo and

[26:59] Lottie and take a 45-mi detour instead.

[27:03] >> You really have to seriously look at the

[27:04] motives behind what they're doing and

[27:06] why they're doing it.

[27:07] >> Waldo Police Chief A.W. Smith insists

[27:10] all he's doing is enforcing the law.

[27:12] >> We've got signs, speed strictly

[27:14] enforced. Uh you know, and it takes a

[27:16] dummy

[27:17] to read that and continue to speed.

[27:20] >> Waldo and Lottie vowed to keep going

[27:21] after speeders. The auto club says it'll

[27:24] keep telling drivers to go around them.

[27:26] It's longer, but just may be cheaper.

[27:30] Ron Clayborne, ABC News, Waldo, Florida.

[27:34] >> And that's our report on World News

[27:35] tonight. Don't forget 20/20 and on

[27:37] Nightline tonight, inside the life of a

[27:39] day trader.

[27:40] I'm Kevin Newman. For all of us at ABC

[27:42] News, have a good evening. Good night.

[27:51] >> [music]

[28:06] >> Tomorrow, using an [music] ingredient in

[28:08] wine to slow down the aging process, the

[28:10] strange idea becomes a hot new [music]

[28:12] trend. Does it work? Watch World News

[28:14] Tonight with Peter Jennings.

[28:17] This has been a presentation of ABC

[28:18] News. More Americans get their news

[28:21] [music] from ABC News than from any

[28:22] other source. ABCNews.com, now a part of

[28:25] the Go Network.

[28:27] >> He raised the bar for lawyers on

[28:29] television. He also raised their skirts.

[28:32] Now, the creator of The Practice and

[28:34] Ally McBeal [music] takes Private Eyes

[28:36] to a whole new level.

[28:38] >> You go occupy them for a few minutes,

[28:39] then I'll make an entrance. Want to make

[28:40] an entrance? That's how we do it.

[28:42] Sorry.

[28:43] >> Lost the entrance.

[28:44] >> Snoops, ABC Sundays this fall. [music]

[28:49] >> Now, News 2 at 6, first, fast, [music]

[28:52] accurate.

[28:55] >> Well, it's official. You're looking at

[28:56] the new Gaylord Entertainment Center,

[28:58] formerly known as the [music] Nashville

[29:00] Arena. Good evening, everyone. The

[29:02] parent company of Nashville institutions

[29:04] like the Grand Ole Opry will soon have

[29:07] its name all over one of Music City's

[29:09] newest landmarks.

[29:10] >> And you heard about it first here on

[29:11] News 2 at 5 yesterday. Today at noon,

[29:14] the change went into effect. News 2's

[29:17] Chris Bengard is at the Gaylord

[29:18] Entertainment Center with more tonight.

[29:20] Chris?

[29:21] >> Well, Anne, that name may take some

[29:23] getting used to, especially since we've

[29:25] called this place by that other name up

[29:27] there, but $80 million will change a lot

[29:30] of habits.